Cape Flats families say saving is out of reach amid rising living costs

As South Africa observes National Savings Month this July, many families on the Cape Flats say that saving is simply not an option. With the cost of food, transport, and electricity continuing to rise while wages remain stagnant, residents have indicated that their financial focus is purely on day-to-day survival. Annual consumer price inflation rose to 3% in June 2025, up from 2.8% in May. Although this figure remains at […]